Gulf Oil and Gas accountACCOUNT

$14b Set for Petrochemical Projects of SP Phase 2

Source: tehrantimes 5/8/2006, Location: Asia

Share |
Over $14 billion has been set aside for petrochemical sector of the South Pars phase 2, Mehdi Saqafi, an official in the National Petrochemical Company (NPC) told MNA on Monday. The petrochemical projects of SP phase 2 should become operational within the next five years, the deputy for petrochemical projects at NPC added.

Elaborating on these projects, he stated that the engineering operations of projects of Mehr, Kavian, Lavan, and Mobin 2 have been launched plus start of the construction operation of some other ones. Moreover, the ammoniac and urea, methanol, and aromatic 4 projects would be commissioned in the near future, Saqafi noted.

Compared with the phase 1, more petrochemical projects are being implemented in phase 2, as this phase would be turned into a petrochemical hub.

Financials and Investment News in Iran >>

Iraq >>  4/18/2018 - Genel Energy plc announces that the Taq Taq partners have received a gross payment of $8.30 million from the Kurdistan Regional Government ('KRG') for...
Netherlands/Holland >>  4/12/2018 - Royal Dutch Shell plc (Shell) published a report outlining how its strategy should enable it to thrive as the world transitions to lower-carbon energy...

Austria >>  4/10/2018 - The price of a Brent barrel surpassed the $70 mark in morning trading on Tuesday, after a rather rocky start to the week. ...
United Kingdom >>  4/10/2018 - Hurricane Energy, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has announced its fina...

Netherlands/Holland >>  4/9/2018 - Royal Dutch Shell has published its 2017 Sustainability Report. The report outlines Shell’s approach to sustainability and covers the company’s social...
Nigeria >>  4/9/2018 - Nigerian energy company Neconde has launched an arbitration case against Royal Dutch Shell, the West African firm’s chief executive said, alleging the...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Iran Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |

Oil & Gas Projects in Iran >>

More News

 

Oil & Gas Companies in Iran >>


Related Links

AZ BD BN CN GE HK ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.